NOT LISTED FOR SALE

Estimated Value: $1,435,224

-- Bed
-- Bath
2,100 Sq Ft
$683/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,350,000 $643 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,628/month

Highlights

  • Wood Flooring
  • Cooling Available
  • Back Yard
  • P.S. 127 McKinley Park Rated A
  • Heating System Uses Steam
  • 4-minute walk to Dan Ross Playground

About This Home

As of November 2021

HEART OF BAY RIDGE- BUSY HIGH TRAFFIC 5th AVENUE LOCATION- SOLID 1 FAMILY + STORE + FULL BASEMENT + EXTRA-LARGE BACKYARD, MIXED-USE BUILDING... A PERFECT PROPERTY FOR ANY TYPE OF BUSINESS VENTURE, OFFICE; OR AN IDEAL INVESTMENT PROPERTY... BUILDING IS IN EXCELLENT CONDITION, AND FEATURES: A 2-3 BEDROOM RENTAL APARTMENT OVER A LARGE STORE FRONT OVER FULL BASEMENT, AND A TREMENDOUS BACKYARD... AMAZING 5th AVENUE BAY RIDGE LOCATION- SURROUNDED BY EVERY ESSENTIAL AMENITY IMAGINABLE- INCLUDING ALL TRANSPORTATION, GREAT SHOPPING, & FINE RESTAURANTS... THIS PROPERTY IS PRICED AGGRESSIVELY, ATTRACTIVELY & COMPETITIVELY FOR TODAY'S MARKET- SELLER IS READY TO START HEARING BIDS & OFFERS... A TRULY OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE, IN ONE OF BROOKLYN’S MOST DESIRABLE & SOUGHT-AFTER NEIGHBORHOODS...

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 08/05/2021

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Last Buyer's Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,024

Year Built

  • Built in 1921

Lot Details

  • 1,833 Sq Ft Lot
  • Lot Dimensions are 91 x 20
  • Irregular Lot
  • Back Yard
  • Property is zoned R6B

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • 220 Volts

Listing and Financial Details

  • Tax Block 6009

Property Details

Property Type

Other

Est. Annual Taxes

$9,024

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1000
  • Building Length: 50.00
  • Building Width: 20.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 82nd St
  • Cross Street Name2: 83rd St
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2100
  • Building Stories: 2
  • Street Name I D X: 5th
  • Street Number I D X: 8207
  • Year Built: 1921
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 1833

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 8
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: 220 V
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 91
  • Lot Size Width: 20
  • Zoning: R6B

Tax Info

  • Flip Tax Amount: 9024.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 12, 2021
Sold by
Oceanair Realty Inc
Bought by
Kliu Group Inc
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Vito Angelo
RE/MAX Real Estate Professionals
Sold Price
$1,350,000
Current Estimated Value
$1,435,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,224
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Peter Menoudakos As Executor
Bought by
Oceanair Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kliu Group Inc $1,350,000 --
Oceanair Realty Inc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oceanair Realty Inc $499,000
Previous Owner Nicolaides Nicholas $170,000
Previous Owner Nicolaides Nicholas $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,350,000 -- $643 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,694 $72,900 $17,280 $55,620
2024 $9,694 $68,100 $17,280 $50,820
2023 $9,247 $71,460 $17,280 $54,180
2022 $8,986 $61,680 $17,280 $44,400
2021 $9,473 $59,880 $17,280 $42,600
2020 $4,460 $75,960 $17,280 $58,680
2019 $8,414 $75,960 $17,280 $58,680
2018 $8,774 $37,944 $10,358 $27,586
2017 $7,647 $37,512 $10,979 $26,533
2016 $7,499 $37,512 $12,815 $24,697
2015 $4,268 $35,528 $14,251 $21,277
2014 $4,268 $33,517 $15,273 $18,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 454514

Brooklyn Board of REALTORS®

APN: 06009-0008